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China’s Teapot’s Capacity Utilisation Rates Up on Week

OIL

CDU capacity utilisation rates at independent refineries in China averaged 63.99% in the seven days to Dec. 28, up 0.29 percentage points on the week.

  • Among independent refineries in China’s Shandong refining hub, CDU capacity utilisation rates averaged 58% in the week to Dec. 28, down 1.01 percentage points on the week.
  • CDU capacity utilisation rates at Shandong’s Teapots are now 9.58 percentage points below the same period in 2022.

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